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20131202
20131210
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FBC 101
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English 101
Search Results 0 to 49 of about 101 (some duplicates have been removed)
FOX Business
Dec 6, 2013 9:00pm EST
we are in the middle because you what the economy to improve but not want to the fed to stop totally but yet you want to show it is getting better because sees earnings have to grow so the goldilocks scenario is the underlying growth would pick up and yet pick up later but then not have a crash when e rates go higher. dennis: you say the stocks go down with good news because we are scared they will tie ended? but today they went up triple digits is there such an attitude to where i think the economy will go okay? >> fortunately a part of that is the investors are confident coming back to the stock market. it will go up even just people thinking it is up. >> what did you think of the report today? >> solid but not spectacular. to reduce thousand jobs is a good bumper but every other indicator was positive. most importantly we saw improvement of the for sandage other americans in the workforce. i was happy with this report but we should not be celebratory i remember in the '80s and '90s we had five budgets thousand jobs in one month but it there is no such styles as to get the jobs cre
FOX Business
Dec 5, 2013 4:00pm EST
page headlines as we head into this hour. the economy grew at a much faster pace in the third quarter than previously estimated. commerce department said gdp surged at 3.3% annual rate. that is ahead of expecting of the 2.8% pace reported early. liz: there was surprise in weekly jobless claims data. number of people applying for first-time benefits unexpectedly dropped to 298,000 last week. david: atlanta fed president dennis lockhart said it is time for the federal reserve to think about tapering easy money policies. he did not indicate whether the fed would consider taper at its meeting later this month, that is about two weeks from now. liz: european president mario draghi says inflation will be below targets next two years. ecb is ready to boost the economy if necessary. holding interest rates steady. david: new york mayor-elect bill deblasio appointed former new york city police commissioner, william bratton. he served during the giuliani administration during the mid 1990s but he was fired. liz: ford unveiled the new version of eye coon nick mustang, it will go on sale at the 50
FOX Business
Dec 7, 2013 3:00am EST
is the story? >> the idea is that it grows when the economy is bad and it contracts when the economy starts to improve. projections are that in the next five years it will go back at the 1996 levels to ensure its economy and the point is to boost wages. neil: one people out of seven people, isn't that bad? >> one person out of seven people is about $23,000 a yer getting for food stamps. >> i'm not sure it's one out of seven. but what i hear what melissa is saying. it's a bad economy. 65% of groceries and food stamps due to that. neil: we also relax the standards? >> yes, starting under george bush. as well as president obama. there were a requirements and tests and the like. but that is a recent development. while people are misleading others about when they say that there is not an explosion of food stamps, there's a higher growth rate. what they are saying is rescue the food stamp program for the truly poor. the. neil: we could go back and forth for who is really poor and who is not poor. but you could go beyond food stamps, now you are close to one out of three americans getting assistan
FOX Business
Dec 6, 2013 7:00pm EST
and a very favorable way for wall street despite the expectation that a growing economy will lead to the end of the federal reserve easing money policies. first to the economy, the november jobs report showed an unemployment rate of 7%. that is the lowest monthly unemployment rate since the december before president obama took office. the economy beating expectations , creating more than 200,000 jobs last month. with september and october payroll numbers also revised higher. the labor force participation rate ticked up for the first time in nearly five years. after hitting a 35 year low in october. and the total number of people out of work including the unemployed and the under employed dropped by more than a million people last month. those job gains and a broad range of industries, including higher paying sectors like manufacturing and construction, which added 27,000 new jobs alone last month. wall street today indicated investors may now be prepared to bid adios to quantitative easing despite lingering fears that the better reserve will quit its easing money policies in. the doubt -- do
FOX Business
Dec 5, 2013 6:00pm EST
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FOX Business
Dec 5, 2013 11:00am EST
about this later in this half-hour? get the economy strong enough, wringing hands over federal reserve losses? charles: we are making the transition to a faster economy, the period when you hand the fed driven rally to the economy, weeks or months, and the bias will be to the downside. dagen: the fourth. and football. a missed call last week. and new technology on the field for the nfl. connell: cold weather driving that energy, we will have the forecast and latest on the market impact coming up as we continue on markets now. no one is talking about a down market but here are some winners on the s&p 500. dagen: this is what is coming up on the next half-hour of new technology that can help nfl officials and change the game looks, potentially. leading the charge as energy prices react to the bitter cold in thin the midwest. and not great news for stocks. we will dig into that even further. and a 1% on your christmas list who loves coffee? they gift for them. in short supply this year than even last. nicole: that is right. this will be hot demand item. seems somewhat irrational to some a
FOX Business
Dec 6, 2013 4:00pm EST
department saying the economy created 203,000 jobs last month. that is well ahead of wall street forecast. david: there were upbeat news on consumer confidence today. the thomson reuters university of michigan reading for december was the highest in five months at 82.5. liz: philadelphia fed president charles plosser says the positive jobs report should absolutely encourage the federal reserve to scale back those big asset purchases. plosser is a long-time critic of the fed's bond buying program. david: billionaire hedge fund manager eddie lampert is spinning off sear's lands' end closing business. he has been ceo of sears since february. his firm controls more than 4% of that company. liz: shares of american eagle outfitters down 10% after the retailer issued a lower than expected profit forecast for the fourth quarter. the company said third quarter earnings plunged 68%. david: much of the u.s. is in the grip of old man winter this afternoon. a massive winter storm hit texas. we're still in fall officially by the way, much of the midwest, disrupting travel and cutting power supplies for
FOX Business
Dec 6, 2013 11:00am EST
nightmare of a cruise ship. good morning, everybody. stocks finally good news on the economy means good news for stocks. nicole is on the floor of the new york stock exchange to explain it all. nicole: we are seeing something have not seen in some time, some big gains, green arrows. triple digit gains in the dow jones industrial. we have not had an up day where at the closing bell we had i anp arrow for the dow. since before thanksgiving, since last wednesday. it is welcome especially for the bulls, but for right now it looks like we will be snapping our winning streak we have seen. up 8 of the last straight weeks, but last friday the dow closed 16,086, so some way to go with that. some all-time highs worth noting. you are hot on these names. 1064. back to you. dagen: i'm smiling because two of my favorite people on the planet are here. two of my favorite people. here to talk about this, the newest news on employers. 243,000 jobs in november beat estimate by more than 20,000 people. a five year low of ninth round. labor participation rate, the number of people in the workforce looking for wo
FOX Business
Dec 2, 2013 8:00pm EST
to the economy and will i make as much money next year and will i have a job. so all of these things and it seems to be more so on people's minds because confidence numbers are dropping and that is a trend that we are seeing since the beginning of october. neil: that has been what you believe, right? >> a lot of people are expecting health care costs to rise another new tax that will calm on consumers. there are a lot of things that have hit the economy, concerns about the government shutdown, concerns about his health care plan, that has translated into not a lot of new jobs. a lot of the numbers have been disappointing and people see that. for people that are working and haven't lost their jobs, they probably feel confident that they can go out and spend some money for the christmas season. but no one is feeling gregarious because there is a lot of uncertainty about the economy and at the same time, we have a 7% consumer savings rate and that is all the way down to 2% now. what we are seeing is consumers have chipped away at any savings they have had and have very few bullets left in the chambe
FOX Business
Dec 8, 2013 1:00am EST
the entire country. it will be good for our economy. >> but, as the unemployment rate is heading in the right direction, will this wage hike have jobs taking a hike? hi, everyone, this is "bulls and bears." let's get right to it. the bulls and bears. gary b. smith. tracy burns. john nas max ferris. along with bernard whitman. ll pushing the minimum to the max push out jobs just as they're coming back? >> yes, absolutely, this is the wrong thing to do in an economy that's showing some signeds of recovery. remember, they're targeting the wrong people. this is a great union and democratic slogan to say, look at the ceo, how much he's making. you can't raise the minimum wage to $15 an hour? take mcdonald's nor example. they will tell you, they don't set the wages for the local franchises. these are your moms and pops. these are your neighbors out there. they can't afford -- they don't have huge margins to raise the wages to $15 an hour. remember, if you want to help poverty this isn't the way to do it. the earned income tax credit does it. take this out of politics. take this out of unions. remem
FOX Business
Dec 8, 2013 2:00am EST
you have a slow economy like we had in the 70s, the rich very often get richer but the poor get poorer. that didn't happen during the reagan era, did it? >> no, it didn't. look, it's not just the obama administration's fault. it's the bush administration's fault. the cheap dollar policy creates financial bubbles. who can take advantage of financial bubble? the rich. the poor always have to sell out at the bottom. number one. number two, the regulatory creep that occurred under bush and has accelerated under obama h made it very difficult to expand in areas where you typically find high wage blue collar jobs, in transportation, energy extraction ando on. i hope rick will be pleased to hear that i'm not blaming this entirely on president obama. >> well, on the other hand, mike, president obama's solution to all this and they're saying it in europe, the imf is saying it, is to have this global wealth tax, to tax the rich more, to bring the rich down, that will help income disparity. what do you think of that plan? >> as we've seen under president obama, david, the exact opposite happens.
FOX Business
Dec 9, 2013 11:00am EST
the economy so far had not been strong enough to make its time to taper, but now that has changed? >> the economy is certainly doing better. the lead indicators, manufacturing, some of the retail numbers have certainly improved since we last talked. employment numbers are eight bit better. still not great, but it is better. the lagging one is the inflation. i think things have improved enough that maybe the injured forward enough. i suspect a very legitimate debate to move at the december meeting. so it is coming in the next few months. connell: let me go back there one more time. you talk about the fact valuations in several areas were stretched now here we are 16,035 or thereabouts). now the economy is picking up, the market still above 16,000 the pullback with friday's big again. what about the valuations as you see them today? >> they were the triple digit nasdaq companies, some of which are still fairly expensive. the market overall i don't think you can power the table and say it is cheap anymore, but it is not expensive relative to my other choices. so dependent on the u.s.
FOX Business
Dec 9, 2013 4:00pm EST
, the idea was that was the preamble, the first chapter of taper and what we saw that the economy actually did quite fine. job creation stayed at 175 to 200 level. maybe we had a little shift around in the complexion of the economy and housing took a bit of a dip but actually closing and contracts we saw coming to market particularly in the middle part of the real estate market continued pays. what they were doing in terms of setting the table for the real taper that is due to happen later this week or in january, actually seems not to affect the economy as much and market seems fine with it. cheryl: okay, jamie, lincoln just said it, the taper that could possibly happen next week. there has been more of a chorus of analysts and traders, investors like yourself saying hey, look if the data is there for the december meeting we'll see a taper but the market may not be ready for that. they're thinking march or january. what happens? >> well, i think the market is actually more ready for taper than people get it credit for. we got a preview what it will look like. one of the things that people
FOX Business
Dec 2, 2013 7:00pm EST
to tell us what it means for the to be american economy and the global economy as well. we are coming right back. the obama administration touting dramatic improvements out of healthcare.gov, and that is not what we are finding. we will be talking with the former director, tom scully, on what is really going on with obamacare. as a business owner, i'm constaly putting out fires. so i deserve a small business credit card with amazing rewards. with the spark cascard from capital one, i t 2% cash back on ery purchase, every day. i break my back around here. finally soone's recognizing me th unlimited rewards! meetings start at 11, cindy. [ male announcer get the spark business card from capital o. chse 2% cash back or double miles on every purchas every d. what's in your wallet? i need your timesheets, larry! lou: our first guest is here to serve at least partly as a tutor for you will end me. he says that obamacare is the biggest middle-class entitlement ever conceived and he says beyond the flawed website, we need to stay focused on the fact that health care law spends too much on the
FOX Business
Dec 6, 2013 1:00pm EST
? >> very much like peter said, many want more evidence the economy is indeed strong enough that they feel comfortable to pull back a bit because the last thing they want to do is pull back and have to reverse course. they stop asset purchases twice before only to come back in again. they don't want that to happen. december is a tough time to start tapering. a lot of people are on vacation, the market is very thin. the last thing they would want to do is potentially make a move leading to an exaggerated reaction in the bond market because again you have this. it will be a 2014 story. cheryladam: why not the january meeting? is that too soon? speak a lot of people have turned their forecast focus to . you don't have it press conference afterwards. you can always announce the decision to start doing press conferences after every meeting and that would put january into play. between the leadership transition, the fact they will not be doing new forecasts. we are looking for a very weak fourth-quarter gdp number. could only be half to 1%. adam: let me play devil's advocate. gdp in the last qua
FOX Business
Dec 4, 2013 3:00pm EST
indicate the and the economy and manufacturing continued to expand at a, quote, modest to moderate pace. the most upbeat news, manufacturers whose managers say she expanding and russian positive about the near-term future helps stem earlier losses in the market which ironically also cash in after good news from a private employment report, the automatic data processing report in. this is what it showed on your screen. private sector hiring in november, and and 215,000 jobs versus the expected 178,000 green, costing investors to fear the events of the fed's keeper coming sooner rather than later. you can see this picture, for direction the dow jones industrials have crossed the unchanged level 34 times. when you see we are down 59 points off of earlier lows still not anywhere near where we started the day and we want to talk about the s&p 500. the index is down for a fourth recession, losing five points. let's look at what is the. ticker symbol cf soaring after the fertilizer company says it expected to give significant additional cash to shareholders in the form of dividends, with the a
FOX Business
Dec 6, 2013 5:00pm EST
job and millions of others could be on the line. there is a structural change going on in our economy as we speak. joining me now to break it down, former chief economic adviser to president george w. bush and a hoover senior fellow. welcome to the show. you know, every time i see something new, you know, amazon drones delivering a package, i see automated checkout at the cbs on the corner. i think that jobs have disappeared and are going to continue to disappear, and they are not coming back. am i wrong? >> you are not wrong. that is a correct observation, but it is n observation that is not unique to this particular time frame. you mentioned structural change, and there has been a structural change, and structural change has been occurring for a long time. if you go back to the 1950's, we have about 35 percent of our workforce is unionized, and manufacturing for the most part. and then if you look at the numbers, say in 2007 the number that just precedes a recession, we had about the same number of people, 14 million in manufacturing in the 50's, 14 million in manufacturing in 2007
FOX Business
Dec 9, 2013 6:00pm EST
to the economy. the effect that it could have, people have to have the wherewithal. if it did not have the appropriate planning where we get the money? many people live paycheck to paycheck. they have to look to the investments to liquidate which may not be the best with the rise in the interest-rate, the rise of the stock. gerri: interesting. >> it really becomes important for people to plan now so that they can have the cash or with all. gerri: to you think this will have an economic effect? >> absolutely. gerri: people been yanking money out of stocks and savings, looking under every politician that they can find to find the money to pay this tax bill. >> yes. and that will take effect in april. and people will see that. and that trickle-down effect will hopefully be able to have people working effectively so that when they can minimize the taxes ifs. gerri: it is just so funny. a lot of this is because of obamacare, because the four will correct. like somebody tweeted the other day, i like to obamacare. ides is not to not realize i was paid for it which is exactly what will happen
FOX Business
Dec 2, 2013 10:00pm EST
for the to be american economy and the global onomy as well. we are coming right back. the obama administration touting dramatic improvements out of healthcare.gov, and that is not what we are finding. we will be talking with the former director, tom scully, on what is really going on withtÑ lou: our first guest is here to serve at least partly as a tutor for you will end me. he says that obamacare is the biggest middle-class entitlement ever conceived and he says beyond the flawed website, we need to stay focused on the fact that health care law spends too much on the wrong people. joining us tonight is tom scully. he is the former leader for medicare and medicaid services during the bush administration and also a health policy staffer in the bush xli white house. in a new york privatee equity firmexpert on health care. we are hearing great skepicism our own reporters and correspondent, peter ducey, getting error messages when he logs on and it looks to be a bit of a mess. what do you think? >> i'm sure 's getting better, i think it's a lot better from a consumer point of view from what i can tell. i
FOX Business
Dec 4, 2013 7:00pm EST
on the economy. investors, not all of them, rejected that good news on wall street. we will be talking with moody's chief economist john lonski. it's not just the mullen isles, americans just don't trust each other anymore. we explored our countries trust deficit. robbie leatherwood will speak with us next. reporter: vice president aydin in asia, trying to keep the chinese are starting a military conflict. former army four-star general jack keane on what the administration should do next as a business owner, i'm constantly putting out fires. so i deserve a small business credit card with amazing rewards. with the spark cascard from capital one, i get 2% cash back on ery purchase, every day. i break my back around here. finally soone's recognizing me with unlimited rewards! meetings start at 11, cindy. [ male announcer get the spark business card from capital one. choose 2% cash back or double miles on every purchase, every d. what's in your wallet? i need your timesheets, larry! ♪ [ male announcer ] the parking lot helps by letting us know who's coming. the carts keep everyone on the right trac
FOX Business
Dec 4, 2013 8:00pm EST
on the list, very small gdp, small economy, to run. you get into a bigger economy situation, you didn't see china on the list either. you get into the big -- >> you think it is apples and oranges. >> i think it could be 92 your "forbes" subscription isd. >> in middle class, in states where i am from, they have trouble with small businesses now because of the tax codes. we're printing money. >> how many are they really paying, what are they paying. neil: 29%. >> more than everyone else that is not good. >> how many of largest companies pay zero. neil: also those pay full price, oil companies pay full price, you can average it out, but there is something big going on, psychologically this is a stain that building up over the years, high profile cases got it rolling but i tell you there is something going on. >> i agree. that is why i blame obama administration. i am not trying -- >> i blame rick. >> i blame you. >> we have a since of entitlement. >> where are we going with wonder woman? >> to dc . neil: asking twitter to help pick its 2013 person of the year, we went to twitter to vote cavuto
FOX Business
Dec 5, 2013 9:20am EST
in economy. jobless claims below 300,000, what is this, new strength in america? >> we're going to have to go, the fed said over and over again we're going to need to see three or four months of good economic figures. let me make it as simple as possible. the battle, the war next year, the wages fought on this floor and wall street is between two calms. those that think that qe is responsible for the rise in equity prices and those that think the economy is improving and justifies the rise in equity prices. they're going to battle it out in 2014 and the fed is stuck in the middle. we've got an exciting year ahead of us. stuart: in five seconds, whose side are you on? >> i'm on the side, the qe way outpaced the economy. main street has been left out. stuart: thank you very much, scott shellady. check the big board, here we go, off and running and strong news on the economy and the market has opened lower, pointing to a loss of 30, maybe 40 points when we're fully off and running. now, this, it's the world's largest mobile market. china, 700 million potential subscribers and now apple inked a d
FOX Business
Dec 8, 2013 11:00pm EST
is the appropriate agency of resolution for so many of these problems and our society and our economy? >> i couldn't agree more. i think if they left us more -- gotten aetna, cigna, united and the blue cross plans in a room together and said let's figure this out. why don't you go on the website for us, it would have been a lot more successful and done a lot more quickly. i think the more they delegate to private k350e7bs, the better off they'll be. they're learning it the hard way. >> they're learning it the hard way. i take your point that these are good people, smart people, but not really the people i, frankly, give a damn about. i'm concerned about the american people, the people who have been promiseduch by an administration that seems to be capable of very little. the idea that we've gone through, over the last three fiscal years, they've raised over $50 billion in revenue for the affordable care act. they're on track right now. there will be an additional 500 can we put that up, $50 billion collected, 2010 through '12. then, of course, this year and next -- through the ne ten years, we'll
FOX Business
Dec 6, 2013 3:00pm EST
. the economy generated 203,000 new jobs in november, and the unemployment rate fell to its lowest level if five years. the expectation was to see a build of about 180,000 jobs, so this, obviously, was much better than expected. look aa the market rally we have on our hands. investors apparently shrugging off concerns that the strong jobs number might hasten the fed's tapering of its bond-buying purchases. in the past that's concerned the markets, but look at the dow jones industrials. yes, it is up about 185 points, but earlier it gained some 200 points, the session highs. the first 200-point gain in about seven weeks. a similar story with the s&p 500. the s&p enjoying its biggest gain in four weeks. right now it's seeing a jump, pretty significant here of 19 points. just a minute ago it was up to, so it's -- up 20, so it's hovering at really strong levels here. general motors cruising to new highs it hasn't seen in more than five years. why? well, the new word is out that the automaker could ship an increased number of vehicles made in south korea, where are they shipping? to australia. so the
FOX Business
Dec 3, 2013 6:00pm EST
's economy. america's economy, what about this great? this seems to be contrary you would think that renewable energy would save energy but the opposite seems to be true. >> yes, the problem is that renewable energy, wind and solar, it is more expensive and right now they are producing about 5% of our electricity. well as coal reduces about 40%. natural gas and oil produces a substantial amount also. so here the government is trying to get us to switch to a more expensive fuel and at the same time, one that is difficult to store with wind and solar. gerri: we know it is more expensive, we are paying for them and the taxpayers are paying for all of this, either through tax breaks or the green energy companies or other kinds of write-offs. but at the end of the day, why can the grid not handle it? what is a technical issue? >> it is difficult. they turn and they create energy, it is difficult to get that energy over to the coast and we generate a lot of wind energy in the country. and it's difficult to get overlooked where it's needed. and once you start trying to get it out elsew
FOX Business
Dec 3, 2013 8:00pm EST
forget that one of the backbones of our economy for years was your little community banker. hundred million a hundred million dollar or less pinkerton knew you by name. >> you are absolutely right. neil: my first one i ever got was from a small community bank who apparently took pity on me. they wouldn't even give me a second look. so i'm wondering what the reverberations are businesses, regular individuals who need money, have future good standing to get money. >> yes, i think that is a big part of it. 70% of jobs are created by small businesses. small businessman or woman is able to shake the man's hand and be able to get alone like you did and he was able to create more business and hire more people and increase the economic activity. nowadays, business owners look at that as an algorithm. if you fit a profile, you get a loan and if you do not, you don't get along. if you look at the fdic regulations, what dodd-frank has done, pounds and pounds of regulations, and you look at all that you say that if i am an investor, what i want to invest in a little bag? and i don't think it's
FOX Business
Dec 4, 2013 10:00pm EST
news on the economy. investors, not all of them, rejected that good news on wall street. we will be talking with moody's chief conomist john lonski. it's not just the mullen isles, americans just don't trust each other anymore. we explored our countries trust deficit. robbie leatherwood will speak with us next. reporter: vice president aydin in asia, trying to keep the chinese are starting a military conflict. former army four-star general jack keane on what the administration should do lou: let's take a look at the global hotspots that are not cooling. in afghanistan, president hamid karzai shutdown secretary john kerry's suggestion that the united states could rcumvent through famine have afghans defense ministers on a security agreement that would allow u.s. troops to stay in the country past next year. the spokesman of hamid karzai says he would not promote any of his ministers to sign in his place my certain demands are met, including a demand to change miliary operation. any major blow to hezbollah. one of its top military leaders gunned down outside of hishome in a bu
FOX Business
Dec 4, 2013 4:00pm EST
to squeeze out any kind of gain. liz: let's get to that and the details of it, the fed saying the economy is growing calling a modest to moderate pace. saying there are particular signs of economic activity in the auto and tech industry specifically. david: company hiring rose the fastest pace in a year. showing a gain of 215,000 jobs last month. the data coming out a couple of months before friday's job report from the labor department. liz: the rate of growth in the services sector of the economy slowed. saying nonmanufacturing index slipped. david: sales of single-family homes surged the most in more than three decades in october. commerce department reported sales soaring to a seasonally adjusted annual rate of 444,000 units. liz: the trade deficit narrowing as exports hit a record high. picking up in global demand that could help boost american growth in the fourth quarter. david: and falling of the fda revealed the company recalling 1400 robotic surgery systems because of concerns the devices could stall and that was bad news for the stock. "after the bell" starts right now. liz: i
FOX Business
Dec 5, 2013 1:00pm EST
more positive news on the economy, lower on the statement that the fed will real in the stimulus. nicole petallides on the floor of the stock exchange on track for a fifth day of declines. nicole: we come off of the lurch and worth noting technology stocks, and attack have been nasdaq moved into the green moments ago for the nasdaq. up four points at 2,049. the s&p and the dow have down arrows. 15,823, and the loss is just 24 points. keeping an eye on the fear index, some strength in retailers, and what the fed will be doing. j.c. penney under pressure again, topsails coming in for j.c. penney and the lot of analysts say those 6 months are they're looking at markets, whether or not they believe some funding for next year. cheryl: thank you. huawei adam: the world's largest carrier may be carrying the iphone according to the wall street journal's china mobile, will likely author the phone later this month so what does this mean for companies? with more details and to break it down. >> to give some perspective, seven hundred million subscribers, the number of users of verizon in th
Search Results 0 to 49 of about 101 (some duplicates have been removed)